Europe's defence sector bets on space amid growing geopolitical threat

Companies traditionally focused purely on defence are increasingly launching into the space sector.

Although space and defence have always been connected, the focus until recently has primarily been on civilian use rather than military space capabilities — but that is now changing. 

“While many of the leading European space companies were created as offspring of defence companies or are embedded into defence corporate structures, this trend was on the decline up until the early 2020s,” according to an analysis by the Vienna-based European Space Policy Institute (ESPI). 

Since mid-2022 in particular, the trend has accelerated, with a growing number of defence companies engaging in sp...
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